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The filed complaint alleges that Affirm Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: On March 17, 2025, the fintech company Klarna, in advance of its initial public offering in the U.S., announced that it was replacing Affirm as the exclusive provider of Buy Now, Pay Later ("BNPL") loans for Walmart. Following this news, Affirm's stock price fell over 12% on March 18, 2025.
In order to be eligible to join the AFRM class action lawsuit, you must have incurred a loss on shares of Affirm Holdings, Inc. purchased during the class period listed above.
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